HomeMy WebLinkAboutR14-Economic Development Agency
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o ECONOMIC DEVELOPMENT AGENCY 0
DEVELOPMENT DEPARTMENT
OF THE CITY OF SAN BERNARDINO
REOUEST FOR COMMISSION/COUNCIL ACTION
From:
Barbara J. Lindseth
Acting Executive Director
Subject: CITY HALL LEASE
PAYMENTS
Date:
November 16, 1994
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Svnopsis of Previous Commission/Council/Committee Action(s):
On October 7, 1991, the Community Development Commission approved the
refinancing of City Hall through the issuance Certificates of
Participation in the amount of $12,000,000.
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Recommended Motion(s):
(Communitv Development Commission)
MOTION A:
That the Community Development Commission adopt a
RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE
CITY OF SAN BERNARDINO, CALIFORNIA, MAKING FINDINGS AND
DETERMINATIONS AS TO THE BENEFIT TO THE VARIOUS
REDEVELOPMENT PROJECT AREAS OF MAKING CERTAIN LEASE
PAYMENTS ON BEHALF OF THE CITY OF SAN BERNARDINO (CITY
HALL PROJECT).
MOTION B:
That the Community Development Commission approve the
payment by the Economic Development Agency of $75,000 to
the City of San Bernardino for City Hall lease payments,
and that the Agency's budget be increased accordingly.
(Recommended Motions Continued Next Page)
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Barbara J. Lindseth
Acting Executive Director
Administrator
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Contact Person(s): Tim Steinhaus/Barbara Lindseth
Phone:
5081
Project Area(s): All
Ward(s):
1 - 7
Supporting Data Attached:
Staff Report: Resolutions
FUNDING REQUIREMENTS:
Amount: $75.000
Tax Increment
Source:
Budget Authority:
Reauested
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Commission/Council Notes:
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BJL:1973A
COMMISSION MEETING AGENDA
Meeting Date: 11/21/94
Agenda Item Number: R
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MOTION C:
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Recommended Motions Continued
(Mavor and Common Council)
That the Mayor and Common Council adopt a RESOLUTION OF THE
MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO,
CALIFORNIA, MAKING FINDINGS AND DETERMINATIONS AS TO THE
BENEFIT TO THE VARIOUS REDEVELOPMENT PROJECT AREAS OF MAKING
CERTAIN LEASE PAYMENTS OF BEHALF OF THE CITY OF SAN
BERNARDINO (CITY HALL PROJECT).
BJL:1973A
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COMMISSION MEETING AGENDA
Meeting Date: 11/21/9;.
Agenda Item Number: Ji
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ECONOMIC DEVELOPMENT AGENCY
DEVELOPMENT DEPARTMENT
OF TIlE CITY OF SAN BERNARDINO
STAFF REPORT
City Hall Lease PaYments
On October 7, 1991, the Community Development Commission approved the
refinancing of City Hall through the issuance of Certificates of
Participation in the amount of $12,000,000. These Certificates were
subsequently issued in March 1992, with a maturity date of March 2022,
in order to retire the 1972 City Hall bonds as issued by the Civic
Center Authority and to raise needed reserve funds for the City.
All City Hall lease payments in connection with these bonds are to be
paid by the City, with the Agency paying for all fees, including letter
of credit fees (the letter of credit will expire on March 7, 1997
unless extended by the bank). Now, in order for the City to be able to
fund the Rio Vista project, the City has asked the Agency to make a
one-time only payment in the amount of $75,000 for the City Hall lease.
As City Hall is in the Central City Project area, and funds will be
required from other redevelopment project areas to make the $75,000
payment, benefit resolutions will need to be adopted to allow for the
transfer of funds.
Staff recommends adoption of the form motion.
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IS", LCD,.' 'y "eJ, 0,' .5<
Barbara J. Lindseth
Acting Executive Director
BJL:1973A
COMMISSION MEETING AGENDA
Meeting Date: 11/21/94 {
Agenda Item Number: / l
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Item:
Action to
be Taken:
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COMMUNITY DEVELOPMENT COMMISSION OF THE
CITY OF SAN BERNARDINO, CALIFORNIA
AGENDA
November ___, 1994
RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION
OF THE CITY OF SAN BERNARDINO, CALIFORNIA, MAKING
FINDINGS AND DETERMINATIONS AS TO THE BENEFIT TO
THE VARIOUS REDEVELOPMENT PROJECT AREAS OF MAKING
CERTAIN LEASE PAYMENTS ON BEHALF OF THE CITY OF
SAN BERNARDINO (CITY HALL PROJECT)
Adopt Resolution.
Certified copy of Resolution to be returned to Sabo & Green, A
Professional Corporation.
SBBO/0001/IOS2
11/02/94 10:30 jf
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RESOLUTION NO.
RESOLUTION OF THE COMMUNITY DEVELOPMENT
COMMISSION OF THE CITY OF SAN BERNARDINO,
CALIFORNIA, MAKING FINDINGS AND
DETERMINATIONS AS TO THE BENEFIT TO THE
VARIOUS REDEVELOPMENT PROJECT AREAS OF
MAKING CERTAIN LEASE PAYMENTS ON BEHALF OF
THE CITY OF SAN BERNARDINO (CITY HALL
PROJECT)
WHEREAS, the City of San Bernardino, California (the
"City.), is a municipal corporation and a charter city duly
created and existing pursuant to the Constitution and the laws of
the State of California; and
WHEREAS, the Community Development Commission of the
City of San Bernardino (the "Commission") on behalf of the
Redevelopment Agency of the City of San Bernardino (the
"Agency"), is a redevelopment agency, a public body, corporate
and politic of the State of California, organized and existing
pursuant to the Community Redevelopment Law (Part 1 of
Division 24 commencing with Section 33000) of the Health and
Safety Code of the State of California (the "Act"); and
WHEREAS, pursuant to Section 33445 of the Act, the
Agency may, with the consent of the Mayor and Common Council of
the City (the "Council"), pay all or a part of the cost of
installation and construction of any building, facility,
structure or other improvement which is publicly owned either
within or without the boundaries of a redevelopment project area
if the Council determines: (1) that such buildings, facilities,
structures or other improvements are of benefit to the
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redevelopment project area or the immediate neighborhood in which
the project is located, regardless of whether such improvement is
within another project area, or in the case of a project area in
which substantially all the land is publicly owned that the
improvement is of benefit to an adjacent project area of the
Agency, (2) that no other reasonable means of financing such
buildings, facilities, structures or other improvements is
available to the community, and such determination by the Agency
and the Council shall be final and conclusive, and (3) that the
payment of funds for the cost of the facilities, structures or
other improvements will assist in the elimination of one or more
blighting conditions inside the project; and
WHEREAS, the City and the Commission have previously
approved and adopted Redevelopment plans (collectively
hereinafter referred to as the "Redevelopment Plans") for various
redevelopment project areas within the City which project areas
include: the Meadowbrook-Central City Project Area, Central City
North Project Area, Central City East Project Area, Central City
South Project Area, Central City West Project Area, Tri-Cities
Project Area, Southeast Industrial Park Redevelopment Project
Area, South valle Project Area, State College Project Area,
Northwest Project Area and the Mt. Vernon Project Area; and
WHEREAS, it is in the interests of the present
landowners within the various project areas subject to the
Redevelopment Plans (the "Project Areas") and the residents, both
within the Project Areas and within the City generally, that the
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Agency causes the funding of certain lease payments on behalf of
the City in order that the City be entitled to the continued
occupancy of the City Hall Building which is located within the
downtown central business district of the City; and
WHEREAS, the Project Areas presently suffer from a high
degree of impaired investments and depreciated values along with
high business vacancies which conditions are being exacerbated by
the lack of economic opportunities within the various Project
Areas; and
WHEREAS, the City, through its various departments
located at City Hall is continually attempting to create economic
activities and development within the various Project Areas and
the City generally and thereby eliminate blighting conditions
within such Project Areas; and
WHEREAS, City Hall and the City's various departments
located therein provide a full range of social and economic
services and opportunities to the community which services are
relied upon by residents and occupants of the Project Areas and
the City generally; and
WHEREAS, City Hall is located within a portion of the
central city area which suffers from a lack of business
opportunities as well as inadequate and deteriorating office
space facilities and which area is patronized by residents and
occupants of the proj ect Areas who pursue employment, seek
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business opportunities and who rely on the provision of economic,
social and civic services provided by governmental departments;
and
WHEREAS, the central city area suffers from high
vacancy rates and the continued occupancy by the City departments
within such area will help alleviate such vacancy rates both from
its own occupancy of office space as well as the occupancy of
nearby space by businesses and offices that typically congregate
in proximity to City Hall offices; and
WHEREAS, the payment of the City's lease obligation in
order to ensure the City's continued occupancy of City Hall in
the downtown area of the City, wherein residents of the Project
Areas and the City generally may avail themselves of economic
opportunities as well as civic and commercial services, will
provide a benefit for the Project Areas and the residents of the
adjacent neighborhoods who participate in activities or who are
employed in the downtown area; and
WHEREAS, in order to promote the City's health, safety
and welfare, it is important that the Agency fund the City's
lease obligations in order to ensure the orderly development of
the Project Areas and neighboring areas; and
WHEREAS, it is appropriate at this time for the Agency
to make certain findings and determinations and take certain
III
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action with respect to the Agency's funding of the City's lease
obligations.
NOW, THEREFORE, THE COMMUNITY DEVELOPMENT COMMISSION
ACTING ON BEHALF OF THE REDEVELOPMENT AGENCY OF THE CITY OF
SAN BERNARDINO DOES HEREBY RESOLVE, DETERMINE AND ORDER AS
FOLLOWS:
Section 1. The Recitals hereinabove are true and
correct and are incorporated herein by this reference.
Section 2. The Agency approves the payment by the
Agency of the costs of the City's Lease obligations to be
undertaken in the central business district which is of benefit
to the Project Areas and other neighborhoods within the City for
the reasons set forth in the Recitals hereinabove. The Agency
also finds and determines that no other reasonable means of
financing the City's lease payment obligations is presently
available to the City and that the City and the Agency require
the use of revenues generated from the various Project Areas in
order to fund the City's lease payments. The Agency further
finds that the payment of the City's lease obligations will
enhance the desirability of the City for economic investment
which in turn will enhance economic viability in the Project
Areas thereby eliminating existing blighting conditions in the
Project Areas.
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Section 3. The Agency's payment of the City's lease
obligations in the downtown area will make the central business
district more economically viable through the reduction of
otherwise high vacancy rates and elimination of factors hindering
the economic viability of downtown buildings which will thereby
make the entire City and the Project Areas more desirable for
development which will in turn help eliminate blight within the
Project Areas and other areas of the City.
Section 4. The Agency Secretary is hereby
authorized and directed to cause this Resolution to be
transmitted to the City for consideration in connection with
appropriate action by that body.
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RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF
THE CITY OF SAN BERNARDINO, CALIFORNIA, MAKING FINDINGS AND
DETERMINATIONS AS TO THE BENEFIT TO THE VARIOUS REDEVELOPMENT
PROJECT AREAS OF MAKING CERTAIN LEASE PAYMENTS ON BEHALF OF THE
CITY OF SAN BERNARDINO (CITY HALL PROJECT)
Section 5.
The findings and determinations herein
shall be final and conclusive. This Resolution shall take effect
upon the date of its adoption.
I HEREBY CERTIFY that the foregoing Resolution was duly
adopted by the Community Development Commission of the City of
San Bernardino at a
meeting
thereof, held on the
day of
1994, by the following vote, to wit:
Commission Members:
AYES
NAYS
ABSTAIN ABSENT
NEGRETE
CURLIN
HERNANDEZ
OBERHELMAN
DEVLIN
POPE-LUDLAM
MILLER
day of
Secretary
The foregoing resolution is hereby approved this
, 1994.
Tom Minor, Chairman
Community Development
Commission of the
City of San Bernardino
Approved as to
form and legal content:
By: ~ IJ
Agency ~sel
SBEO\0001\OOC\1052
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STATE OF CALIFORNIA )
COUNTY OF SAN BERNARDINO) ss
CITY OF SAN BERNARDINO )
o
I, Secretary of the Community
Development Commission of the City of San Bernardino, DO HEREBY
CERTIFY that the foregoing and attached copy of Community
Development Commission of the City of San Bernardino Resolution
No. is a full, true and correct copy of that now on
file in this office.
IN WITNESS WHEREOF, I have hereunto set my hand and
affixed the official seal of the Community Development Commission
of the City of San Bernardino this day of
, 1994.
Secretary of the
Community Development Commission
of the City of San Bernardino
. \ \
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MAYOR AND COMMON COUNCIL OF THE
CITY OF SAN BERNARDINO, CALIFORNIA
AGENDA
November
, 1994
Item: RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY
OF SAN BERNARDINO, CALIFORNIA, MAKING FINDINGS AND
DETERMINATIONS AS TO THE BENEFIT TO THE VARIOUS
REDEVELOPMENT PROJECT AREAS OF MAKING CERTAIN LEASE
PAYMENTS ON BEHALF OF THE CITY OF SAN BERNARDINO (CITY
HALL PROJECT)
Action to
be Taken: Adopt Resolution.
Certified copy of Resolution to be returned to Sabo & Green, A
Professional Corporation.
SBEO/DOOl/IOS7
11/02/94 10:30 jf
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RESOLUTION NO.
RESOLUTION OF THE MAYOR AND COMMON COUNCIL
OF THE CITY OF SAN BERNARDINO, CALIFORNIA,
MAKING FINDINGS AND DETERMINATIONS AS TO THE
BENEFIT TO THE VARIOUS REDEVELOPMENT PROJECT
AREAS OF MAKING CERTAIN LEASE PAYMENTS ON
BEHALF OF THE CITY OF SAN BERNARDINO (CITY
HALL PROJECT)
WHEREAS, the City of San Bernardino, California (the
"City"), is a municipal corporation and a charter city duly
created and existing pursuant to the Constitution and the laws of
the State of California; and
WHEREAS, the Community Development Commission of the
City of San Bernardino (the "Commission") on behalf of the
Redevelopment Agency of the City of San Bernardino (the
"Agency"), is a redevelopment agency, a public body, corporate
and politic of the State of California, organized and existing
pursuant to the Community Redevelopment Law (Part 1 of
Division 24 commencing with Section 33000) of the Health and
Safety Code of the State of California (the "Act"); and
WHEREAS, pursuant to Section 33445 of the Act, the
Agency may, with the consent of the Mayor and Common Council of
the City (the "Council"), pay all or a part of the cost of
installation and construction of any building, facility,
structure or other improvement which is publicly owned either
within or without the boundaries of a redevelopment project area
if the Council determines: (1) that such buildings, facilities,
structures or other improvements are of benefit to the
redevelopment proj ect area or the immediate neighborhood in which
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1 the project is located, regardless of whether such improvement is
2 within another project area, or in the case of a project area in
3 which substantially all the land is publicly owned that the
! improvement is of benefit to an adjacent project area of the
5 Agency, (2) that no other reasonable means of financing such
6 buildings, facilities, structures or other improvements is
7 available to the community, and such determination by the Agency
8 and the Council shall be final and conclusive, and (3) that the
9 payment of funds for the cost of the facilities, structures or
10 other improvements will assist in the elimination of one or more
11 blighting conditions inside the project; and
12
13 WHEREAS, the City and the Commission have previously
I! approved and adopted Redevelopment plans (collectively
15 hereinafter referred to as the "Redevelopment Plans") for various
16 redevelopment project areas within the City which project areas
17 include: the Meadowbrook-Central City Project Area, Central City
18 North Project Area, Central City East Project Area, Central City
19 South Project Area, Central City West Project Area, Tri-Cities
20 project Area, Southeast Industrial Park Redevelopment Project
21 Area, South valle Project Area, State College Project Area,
22 Northwest Project Area and the Mt. Vernon Project Area; and
23
24 WHEREAS, it is in the interests of the present
25 landowners within the various project areas subject to the
26 Redevelopment Plans (the "Project Areas") and the residents, both
27 within the Project Areas and within the City generally, that the
28 Agency causes the funding of certain lease payments on behalf of
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1 the City in order that the City be entitled to the continued
2 occupancy of the City Hall Building which is located within the
3 downtown central business district of the City; and
4
5 WHEREAS, the Project Areas presently suffer from a high
6 degree of impaired investments and depreciated values along with
7 high business vacancies which conditions are being exacerbated by
8 the lack of economic opportunities within the various Project
9 Areas; and
10
11 WHEREAS, the City, through its various departments
12 located at City Hall is continually attempting to create economic
13 activities and development within the various Project Areas and
14 the City generally and thereby eliminate blighting conditions
15 within such Project Areas; and
16
17 WHEREAS, City Hall and the City's various departments
18 located therein provide a full range of social and economic
19 services and opportunities to the community which services are
20 relied upon by residents and occupants of the Project Areas and
21 the City generally; and
22
23 WHEREAS, City Hall is located within a portion of the
24 central city area which suffers from a lack of business
25 opportunities as well as inadequate and deteriorating office
26 space facilities and which area is patronized by residents and
Xl occupants of the Project Areas who pursue employment, seek
28 business opportunities and who rely on the provision of economic,
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social and civic services provided by governmental departments;
and
WHEREAS, the central city area suffers from high
vacancy rates and the continued occupancy by the City departments
within such area will help alleviate such vacancy rates both from
its own occupancy of office space as well as the occupancy of
nearby space by businesses and offices that typically congregate
in proximity to City Hall offices; and
WHEREAS, the payment of the City's lease obligation in
order to ensure the City's continued occupancy of City Hall in
the downtown area of the City, wherein residents of the Project
Areas and the City generally may avail themselves of economic
opportunities as well as civic and commercial services, will
provide a benefit for the Project Areas and the residents of the
adjacent neighborhoods who participate in activities or who are
employed in the downtown area; and
WHEREAS, in order to promote the City's health, safety
and welfare, it is important that the Agency fund the City's
,
lease obligations in order to ensure the orderly development of
the Project Areas and neighboring areas; and
WHEREAS, it is appropriate at this time for the Council
to make certain findings and determinations and take certain
action with respect to the Agency's funding of the City's lease
obligations.
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1 NOW, THEREFORE, THE MAYOR AND COMMON COUNCIL OF THE
2 CITY OF SAN BERNARDINO, CALIFORNIA, DO HEREBY FIND, RESOLVE,
3 DETERMINE AND ORDER AS FOLLOWS:
4
5 Section 1. The Recitals hereinabove are true and
6 correct and are incorporated herein by this reference.
7
8 Section 2. The Council approves the payment by the
9 Agency of the costs of the City's lease obligations which is of
10 benefit to the Project Areas and other neighborhoods within the
11 City for the reasons set forth in the Recitals hereinabove. The
12 Council also finds and determines that no other reasonable means
13 of financing the City's lease payments is presently available to
14 the City and that the City and the Agency require the use of
15 revenues generated from the various Project Areas in order to
16 fund the City's lease payment obligations. The Agency further
17 finds that the payment of the City's lease obligations will
18 enhance the desirability of the City for economic investment
19 which in turn will enhance economic viability in the Project
20 Areas thereby eliminating existing blighting conditions in the
21 Project Areas.
22
23 Section 3. The Agency's payment of the City's lease
24 obligations in the downtown area will make the central business
25 district more economically viable through the reduction of
26 otherwise high vacancy rates and elimination of factors hindering
27 the economic viability of downtown buildings which will thereby
28 make the entire City and the Project Areas more desirable for
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1 development which will in turn help eliminate blight within the
2 Project Areas and other areas of the City.
3
! Section 4. The City Clerk is hereby authorized and
5 directed to cause this Resolution to be transmitted to the Agency
6 for consideration in connection with appropriate action by that
7 body.
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RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN
BERNARDINO, CALIFORNIA, MAKING FINDINGS AND DETERMINATIONS AS TO
THE BENEFIT TO THE VARIOUS REDEVELOPMENT PROJECT AREAS OF MAKING
CERTAIN LEASE PAYMENTS ON BEHALF OF THE CITY OF SAN BERNARDINO
(CITY HALL PROJECT)
Section 5.
The findings and determinations herein
shall be final and conclusive. This Resolution shall take effect
upon the date of its adoption.
I HEREBY CERTIFY that the foregoing Resolution was duly
adopted by the Mayor and Common Council of the City of
San Bernardino at a
meeting
thereof, held on the
day of
1994, by the following vote, to wit:
AYES:
Council Members
NAYS:
ABSENT:
City Clerk
The foregoing resolution is hereby approved this
day of
, 1994.
Mayor of the City of
San Bernardino
Approved as to form and legal content:
By:
City Attorney
SBEO\OOOl\DOC\lOS7
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STATE OF CALIFORNIA
COUNTY OF
On before me,
(here insert name and title of the officer), personally appeared
, personally known to me (or proved to
me on the basis of satisfactory evidence) to be the person(s)
whose name (s) is/are subscribed to the within instrument and
acknowledged to me that he/she/they executed the same in
his/her/their authorized capacity (ins) , and that by his/her/their
signature(s) on the instrument the person(s), or the entity upon
behalf of which the person(s) acted, executed the instrument.
WITNESS my hand and official seal.
Signature
(Seal)
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